Red Bull owner tells F1 strugglers to quit

Red Bull’s billionaire owner Dietrich Mateschitz has told those F1 teams struggling financially they should consider their future in the sport amid reports of several teams being unable to keep up with the costs.

This season it has been Lotus and Sauber who have been struggling the most to keep up with the high costs.

Lotus have been unable to pay their top driver Kimi Raikkonen, who is now leaving the team as a result, while Sauber also haven’t paid their lead driver Nico Hulkenberg.

Both have been subject to speculation over possible investment deals, Lotus are set to announce a deal with Quantum Racing who are one of the richest consortium’s in the world, while Sauber have turned to Russia with investment and young driver Sergey Sirotkin set to join.

Recent rumours however, have suggested that Russian deal may have collapsed and as a result Sauber is left hoping for a deal with a group in Dubai if it wants to remain in F1.

DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of
GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article.
GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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